The trading price of Genworth Financial Inc (NYSE:GNW) closed lower on Tuesday, February 11, and closed at $7.37, -0.27% lower than its previous close.
Traders who pay close attention to intraday price movement should know that it fluctuated between $7.36 and $7.43. The company’s P/E ratio in the trailing 12-month period was 36.06, while its 5Y monthly beta was 0.951. In examining the 52-week price action we see that the stock hit a 52-week high of $7.90 and a 52-week low of $5.67. Over the past month, the stock has gained 12.35% in value.
Genworth Financial Inc, whose market valuation is $3.15 billion at the time of this writing, is expected to release its quarterly earnings report in March. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by 0.12 per share this quarter, however they have predicted annual earnings per share of 0.7 for current year and 0.67 for next year.
On the technical side, indicators suggest GNW has a 50% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Buy, while an average of long term indicators suggests that the stock is currently 100% Buy.
If we dig deeper into the stock’s outlook, we see that the stock’s PEG is 0.37, which symbolizes a positive outlook. A quick review shows that GNW’s price is currently 2.79% off the SMA20 and 2.36% off the SMA50. The RSI metric on the 14-day chart is currently showing 61.30, and weekly volatility stands at 1.48%. When measured over the past 30 days, the indicator reaches 1.85%. Genworth Financial Inc (NYSE:GNW)’s beta value is currently sitting at 1.02, while the Average True Range indicator is currently displaying 0.14.
To see how Genworth Financial Inc stock has been performing in comparison to its peers in the industry, here are the numbers: GNW stock’s performance was -0.27% in the latest trading, and 21.02% in the past year. Genworth Financial Inc has a P/E ratio of 36.06.
An evaluation of the daily trading volume of Genworth Financial Inc (NYSE:GNW) indicates that the 3-month average is 3.44 million. However, this figure has increased over the past 10 days to an average of 3.96.
Currently, records show that 428.43 million of the company’s shares remain outstanding. The insiders hold 2.25% of outstanding shares, whereas institutions hold 85.05%. The stats also highlight that short interest as of 2025-01-31, stood at 6.26 million shares, resulting in a short ratio of 1.75 at that time. From this, we can conclude that short interest is 208.00 of the company’s total outstanding shares. It is noteworthy that short shares in January were down slightly from the previous month’s figure, which was 7.62 million. However, since the stock’s price has seen 5.44% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.
